113 S Madison StCorinthMS38834
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Corinth at 113 S Madison St, Corinth, MS, 38834 earns $367/mo cash flow from $1,132/mo rent with a $612/mo payment. Total monthly income totals $1,132/mo, and annual cash flow totals $4,403/yr on $41,438 capital. ROI tracks 30.53% on current figures, and rental yield reads 10.87% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 159.75% and total cumulative return in cash sums $66,197. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,132/mo property income instead of your personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38834, Corinth, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,009 (100%) |
| Owner Occupied HU | 7,802 (60.0%) |
| Renter Occupied HU | 3,798 (29.2%) |
| Vacant Housing Units | 1,409 (10.8%) |
| Median Home Value | $146,073 |
| Average Home Value | $191,454 |
Housing Distribution
Address Breakdown
Residential
12,318
Single Family
11,847
Multi-Family
471
Businesses
1,158
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Listed by: Sophie R Barron • Turn Key Realty Group LLC
Mls Name: MLS United
Mls ID: #4132263